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The total number of dwellings approved rose 5.9 per cent in November 2009 following a fall in October, according to ABS figures released today.
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In New South Wales, the number of dwelling approvals rose by 6 per cent. Queensland and Victoria also showed strong development recovery, with the number of dwelling approvals rising by 12.4 per cent and 10.2 per cent respectively.
While there was a 2 per cent fall in the number of houses approved in November, there was a 31.7 per cent rise in approvals for all dwellings, suggesting the residential development sector is starting to improve.
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The value of approved dwellings increased as well, with the value of new residential buildings approved in November up by 2.2 per cent from October last year.
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